It added that Rs 12,140 crore was being transferred from IGST to CGST account and Rs 13,424 crores from IGST to SGST account by way of settlement of funds on account of cross utilisation of IGST credit.

"Thus, a total amount of Rs 25,564 crores is being transferred from IGST to CGST and SGST account by way of settlement," the Ministry said.

Before picking up in December to touch Rs 86,703 crore, the revenue collection had fallen for two consecutive months from over Rs 92,000 crore in September to Rs 83,346 crore in October and Rs 80,808 crore in November.

The GST collection for July was over Rs 95,000 crore while for August it was more than Rs 91,000 crore.